AFL bolsters South Pacific presence with AFC acquisition
AFL has acquired AFC Group, a designer, manufacturer, and integrator of fibre-optic and copper communication products and services solutions with operations in Australia, New Zealand and Hong Kong.
The purchase price was not disclosed.
AFC will join the AFL group of companies, expanding the company’s comprehensive portfolio of products for the telecommunications, utility, enterprise and industrial markets.
Headquartered in Melbourne, AFC has two large factories in the Melbourne suburbs of Croydon and Tottenham, providing manufacturing and services to the region. In addition the company has offices and warehouses in Sydney, Brisbane, Canberra, Perth, Adelaide and Auckland.
With the addition of AFC, AFL’s expanded product range includes fibre-optic cable, fibre management systems, fibre assemblies and fibre enclosures as well as splicers, test equipment and a complete set of communication network products.
A wholly owned subsidiary of Fujikura of Japan, AFL has served the Australian market for more than 20 years, primarily in the power utility market. The company first established a presence in Australia with the acquisition of Melbourne-based cable manufacturer Optimal Cable Services in 2013.
Now AFL sees an opportunity to expand its activities in the South Pacific, which led the company to consider AFC as an acquisition target. AFC was previously a distributor and service partner for Fujikura’s splicing equipment in Australia.
“AFL is truly excited to have AFC as part of AFL. During our initial discussions, it was clear very quickly that AFC was a special company. AFC’s impressive team of professionals has consistently delivered exceptional quality and innovative solutions to their customers,” said Kurt Dallas, EVP of cable and connectivity for AFL.
AFL will continue operations in AFC’s existing facilities, including Melbourne, Sydney, Perth, Brisbane, Canberra, Adelaide, Auckland and Hong Kong.